NOT LISTED FOR SALE

331 Chestnut Ln Oak Park, IL 60302

Estimated Value: $686,000 - $879,000

4 Beds
4 Baths
2,700 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2016

Last sale price $557,300 $206 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,620 / mo

183 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Loft
  • Oliver W Holmes Elementary School Rated A-
  • Main Floor Bedroom
  • End Unit

About This Home

As of July 2016

Introducing The Oak Park Oasis -22, 4 level townhomes w/larger layouts! A fresh new approach to town-home living. Sleek & modern with a downtown flair, situated close but not on the train line & walking distance to all that OP has to offer! Versatile floor plans with 3 & 4 BRs layouts, 3.5 bathrooms, Spacious units with lots of light. Most with views of the beautifully landscaped court yard. Oak floors, open kitchens with large center island for seating & sink-great lay out for entertaining. balcony off kit for grilling, plus roof top decks. great closets, roomy BRs. 1st floor office/bedroom features an en-suite full bath & a closet, perfect for guest space, or exercise room. 4th level also has cozy loft space & is plumbed for wet bar. Large, private roof deck with the option to double size. Buy now and pick your finishes! Many great cab choices with quartz & counters, marble bathrooms, Oak flooring, & stainless steel appliances. 2 car attached garage! Located behind 1025 W Randolph.

Last Agent to Sell the Property

Patricia McGowan

Baird & Warner License #475133179 Listed on: 08/25/2015

Baird & Warner

Last Buyer's Agent

Colette Connelly

Compass License #475132938

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 2015

Lot Details

  • End Unit

HOA Fees

  • $125 per month

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Entrance Foyer
  • Breakfast Room
  • Loft
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

2015

Lot Details

958 Sq Ft Lot

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • New/Proposed Construction Options: Central Air, Deck/Patio/Screened Porch, Garage, Hardwood/Ceramic Floors, Vinyl Clad Windows, Lighting Allowance
  • Unit Floor Level: 1
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 2015
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 2015

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, Laundry Hook-Up in Unit
  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X21, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 4X3, On Level: 3rd Level
  • Kitchen Type: Dimensions: 9X19, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Galley, Island
  • Additional Rooms: Balcony, Breakfast Room, Deck, Foyer, Loft, Walk In Closet
  • Master Bedroom: Dimensions: 15X12, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 6X12, On Level: Main Level, Flooring: Terracotta
  • Bedroom 2: Dimensions: 10X12, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 3 Name: Walk in Closet, Dimensions: 5X8, On Level: 3rd Level
  • Bedroom 3: Dimensions: 10X10, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 4 Name: Balcony, Dimensions: 10X4, On Level: 2nd Level
  • Bedroom 4: Dimensions: 12X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 5 Name: Loft, Dimensions: 9X8, On Level: 4th Level, Flooring: Carpet
  • Additional Room 6 Name: Deck, Dimensions: 20X12, On Level: 4th Level
  • Estimated Sq Ft: 2700
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Roof Deck, End Unit

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care
  • Assessment Association Fees: 125
  • Management Phone: 000-000-0000

Schools

  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 20X40
  • Parcel Identification Number: 16073160620000

Multi Family

  • Total Number Unitsin Building: 22
  • Number Stories: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2015
Closed on
Jun 29, 2016
Sold by
Bought by
Seller's Agent
Patricia McGowan
Baird & Warner
Buyer's Agent
Colette Connelly
Compass
List Price
$529,900
Sold Price
$557,300
Premium/Discount to List
$27,400
5.17%
Current Estimated Value
$751,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,530
Avg. Annual Appreciation
3.03%
Original Mortgage
$445,840
Outstanding Balance
$355,439
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$396,391
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$557,500 Proper Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $445,840
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $557,300 +4.0% $206 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
11/20/2015 11/20/15 Price Changed $535,900 +1.1% $198 / Sq Ft
08/25/2015 08/25/15 For Sale $529,900 -- $196 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,501 $57,000 $1,434 $55,566
2024 $17,501 $57,000 $1,434 $55,566
2023 $16,664 $57,000 $1,434 $55,566
2022 $16,664 $46,819 $1,530 $45,289
2021 $16,273 $46,817 $1,529 $45,288
2020 $15,958 $46,817 $1,529 $45,288
2019 $19,820 $55,091 $1,386 $53,705
2018 $19,075 $55,091 $1,386 $53,705
2017 $19,898 $55,091 $1,386 $53,705
2016 $2,578 $6,405 $1,147 $5,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09021593

Midwest Real Estate Data (MRED)

APN: 16-07-316-062-0000

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